Medexus Pharmaceuticals (OTCMKTS:MEDXF) Trading Up 7.1% – Should You Buy?

Medexus Pharmaceuticals Inc. (OTCMKTS:MEDXFGet Free Report) shot up 7.1% during trading on Tuesday . The company traded as high as $2.33 and last traded at $2.33. 39,020 shares were traded during trading, a decline of 31% from the average session volume of 56,649 shares. The stock had previously closed at $2.18.

Medexus Pharmaceuticals Stock Performance

The firm has a 50 day moving average price of $2.47 and a two-hundred day moving average price of $2.03.

Medexus Pharmaceuticals Company Profile

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Medexus Pharmaceuticals Inc operates as a specialty pharmaceutical company in Canada and the United States. The company focuses on the therapeutic areas comprising oncology, hematology, rheumatology, auto-immune diseases, allergy, and dermatology. Its primary products are IXINITY, an intravenous recombinant factor IX therapeutic for use in patients 12 years of age or older with hemophilia B; Rasuvo and Metoject, a formulation of methotrexate designed to treat rheumatoid arthritis and other auto-immune diseases; Rupall, a prescription allergy medication; and Gleolan, an optical imaging agent indicated in patients with glioma as an adjunct for the visualization of malignant tissue during surgery.

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